At Robinson Estate Agents, we want to keep you informed about significant changes in the rental market that may impact your properties as a landlord and how they will affect you as tenants.
The UK government has been working on the Renters’ Rights Bill, which has just passed its second reading in Parliament and is now moving through the legislative process. This bill includes a major reform: the planned abolition of Section 21 ‘no-fault’ eviction notices. If passed, this change is expected to take effect in the summer of 2025. The Bill was initially proposed by the Conservative Government but was delayed due to the election being called. The Labour Government has since taken up the mantle and is pushing it through Parliament.
Housing Minister Matthew Pennycook has stated, “The Renters’ Rights Bill will stamp out discrimination in the sector, where often renters with children, or in receipt of benefits are turned away. It will also end rental bidding wars, ban Section 21 evictions, and stop unfair rent hikes.”
What does this mean for landlords and tenants?
1. No-Fault Evictions: Section 21 notices, which allowed landlords to evict tenants without providing a reason after the fixed-term tenancy ended, will be abolished. This means that landlords will need to rely on specific grounds for eviction under Section 8, such as rent arrears or breach of tenancy agreement.
2. Increased Tenant Security: The new legislation aims to provide greater security and stability for tenants, allowing them to stay in their homes for longer periods. This could lead to longer tenancy agreements and fewer tenant turnovers.
3. Legal Process: Landlords will need to follow a more stringent legal process to regain possession of their properties. This may involve providing evidence of valid grounds for eviction and potentially facing longer court proceedings.
4. Impact on Property Management: With the removal of Section 21 and the proposed end of fixed-term tenancies, landlords will need to be more proactive in managing tenancies and addressing any issues that may arise. Clear communication and maintaining good tenant relationships will be more crucial than ever.
At Robinson Estate Agents, we are committed to supporting you through these changes. Our team is here to provide personalised service and attention, ensuring that you are well-prepared and informed about the new regulations.
If you have any questions or need further assistance, please do not hesitate to contact us. We are here to help you navigate these changes and continue to provide the best possible service to landlords and tenants.
